Uploaded June 2026 | Updated September 2026, 2 weeks ago
💡Join our exclusive community and get insider access directly from Jason Shapiro: crowdedmarketreport.com/cmr-cc
🧠 crowdedmarketreport.com Learn more about Jason and the CMR Community
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Watch now as Jason Shapiro provides powerful insights into his unique price action trading strategies and contrarian approach to reading trader positioning charts across the stock market, futures, and currencies. We’ll explore the exact methods Jason uses—as a successful trader and featured Market Wizard—to fade crowded positioning, navigate extreme volatility, and identify high-reward/low-risk opportunities by watching the tape. Learn how to ignore the "fake narratives" and focus on the news failures and positioning data that actually move the needle in today’s markets.
Why are so many crypto traders currently getting slaughtered in the market? Because they are breaking every classic rule of trading psychology.
In this market update, 30-year Hedge Fund Manager Jason Shapiro uses the recent Bitcoin price action as a real-time masterclass in risk management. Jason breaks down why he doesn't love or hate Bitcoin—or any asset—and exposes the toxic "Bitcoin Bro" mentality that causes traders to marry losing positions, add to their losses, and stubbornly fight the tape.
Discover what the institutional COT (Commitment of Traders) positioning data is currently saying about the crypto market, why mass sentiment is often confused with price action, and why you should never buy into an asset until the tape actually agrees with your thesis.
Stop trading on emotion, narratives, and "diamond hands" mentality. Start trading the data. Join the Crowded Market Report to get our weekly institutional positioning charts and trade alongside professionals.
CHAPTERS:
0:00 - The "Bitcoin Bro" Mentality vs. Professional Trading
0:59 - Classic Trading Rules: Cut Losses & Don't Marry Positions
1:56 - Permabulls and the Danger of Fighting the Tape
3:05 - COT Data: What Large Speculators Are Doing With Crypto
4:05 - The Sentiment Trap: Why the Tape Never Lies
5:10 - When to Actually Buy (Waiting for Market Confirmation)
6:17 - Daily Lessons
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NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS
💡Join our exclusive community and get insider access directly from Jason Shapiro: crowdedmarketreport.com/cmr-cc
🧠 crowdedmarketreport.com Learn more about Jason and the CMR Community
-------------------------------------------------------------------------
Watch now as Jason Shapiro provides powerful insights into his unique price action trading strategies and contrarian approach to reading trader positioning charts across the stock market, futures, and currencies. We’ll explore the exact methods Jason uses—as a successful trader and featured Market Wizard—to fade crowded positioning, navigate extreme volatility, and identify high-reward/low-risk opportunities by watching the tape. Learn how to ignore the "fake narratives" and focus on the news failures and positioning data that actually move the needle in today’s markets.
Why are so many crypto traders currently getting slaughtered in the market? Because they are breaking every classic rule of trading psychology.
In this market update, 30-year Hedge Fund Manager Jason Shapiro uses the recent Bitcoin price action as a real-time masterclass in risk management. Jason breaks down why he doesn't love or hate Bitcoin—or any asset—and exposes the toxic "Bitcoin Bro" mentality that causes traders to marry losing positions, add to their losses, and stubbornly fight the tape.
Discover what the institutional COT (Commitment of Traders) positioning data is currently saying about the crypto market, why mass sentiment is often confused with price action, and why you should never buy into an asset until the tape actually agrees with your thesis.
Stop trading on emotion, narratives, and "diamond hands" mentality. Start trading the data. Join the Crowded Market Report to get our weekly institutional positioning charts and trade alongside professionals.
CHAPTERS:
0:00 - The "Bitcoin Bro" Mentality vs. Professional Trading
0:59 - Classic Trading Rules: Cut Losses & Don't Marry Positions
1:56 - Permabulls and the Danger of Fighting the Tape
3:05 - COT Data: What Large Speculators Are Doing With Crypto
4:05 - The Sentiment Trap: Why the Tape Never Lies
5:10 - When to Actually Buy (Waiting for Market Confirmation)
6:17 - Daily Lessons
-------------------------------------------------------------------------
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS

![If You Only Watch One Trading Video, Make It This
💡Join our exclusive community and get insider access directly from Jason Shapiro: https://cclnk.net/yt-Dr45q0
(member-only market recap videos and COT charts on Stocks, Crypto) [Requires Discord Account]
🧠 https://www.crowdedmarketreport.com Learn more about Jason and the CMR Community
Watch now as Jason Shapiro provides powerful insights into his unique price action trading strategies and contrarian approach to reading trader positioning charts across the stock market, futures, and currencies. We’ll explore the exact methods Jason uses—as a successful trader and featured Market Wizard—to fade crowded positioning, navigate extreme volatility, and identify high-reward/low-risk opportunities by watching the tape. Learn how to ignore the fake narratives and focus on the news failures and positioning data that actually move the needle in today’s markets.
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS If You Only Watch One Trading Video, Make It This](https://i.ytimg.com/vi/eScRYDr45q0/mqdefault.jpg)
![Price caps don’t solve shortages They create them. #PriceControls #ConsumerCredit #InterestRates
💡https://whop.com/c/market-recap-membership/ytmr You can now join our premium YouTube membership (member-only market recap videos and COT charts on Stocks, Crypto) [Requires Discord Account]
🧠 https://www.crowdedmarketreport.com Learn more about Jason and the CMR Community
Description
Watch now to learn about powerful insights into price action trading strategies and how to read charts in the stock market, futures, currencies and more. Well explore effective trading strategies used by a successful trader and market veteran to navigate volatility and identify high reward/low risk opportunities.
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS Price caps don’t solve shortages They create them. #PriceControls #ConsumerCredit #InterestRates](https://i.ytimg.com/vi/eYkWufdVnbQ/mqdefault.jpg)
![Bad news hit and the market still closed up. That’s news failure. #MarketSentiment #Positioning
💡https://whop.com/c/market-recap-membership/ytmr You can now join our premium YouTube membership (member-only market recap videos and COT charts on Stocks, Crypto) [Requires Discord Account]
🧠 https://www.crowdedmarketreport.com Learn more about Jason and the CMR Community
Description
Watch now to learn about powerful insights into price action trading strategies and how to read charts in the stock market, futures, currencies and more. Well explore effective trading strategies used by a successful trader and market veteran to navigate volatility and identify high reward/low risk opportunities.
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS Bad news hit and the market still closed up. That’s news failure. #MarketSentiment #Positioning](https://i.ytimg.com/vi/ebpjh5BWvaQ/mqdefault.jpg)

![MARKET VOLATILITY = FLAT S&P - THE BEST TRADE MIGHT BE NO TRADE!
💡https://whop.com/c/market-recap-membership/ytmr You can now join our premium YouTube membership (member-only market recap videos and COT charts on Stocks, Crypto) [Requires Discord Account]
🧠 https://www.crowdedmarketreport.com Learn more about Jason and the CMR Community
In todays market recap video, Jason Shapiro discusses the difficulty of trading current markets where all trading strategies are not working from momentum trading, mean reversion even the CMR process have faced challenges in 2026 due to market volatility that has lead no where.
Watch now to learn about powerful insights into price action trading strategies and how to read charts in the stock market, futures, currencies and more. Well explore effective trading strategies used by a successful trader and market veteran to navigate volatility and identify high reward/low risk opportunities.
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS MARKET VOLATILITY = FLAT S&P - THE BEST TRADE MIGHT BE NO TRADE!](https://i.ytimg.com/vi/f5G0qQYDdeY/mqdefault.jpg)

![Silver’s 40% Day.
💡https://whop.com/c/market-recap-membership/ytmr You can now join our premium YouTube membership (member-only market recap videos and COT charts on Stocks, Crypto) [Requires Discord Account]
🧠 https://www.crowdedmarketreport.com Learn more about Jason and the CMR Community
Description
A 40% move in silver in a single day is outlier volatility.
Even if you’ve traded silver for years, you don’t “see” that coming—and that’s the lesson. Prediction fails when tails show up, and only risk control keeps you alive.
If you size like silver can’t do that, one session can erase a lot. If you size for the outliers, you can survive the shock and stay in the game.
Want the CMR framework for trading metals volatility with discipline? Link in our profile.
#CrowdedMarketReport #COT #RiskManagement #PriceAction #Silver #Metals #Commodities #Volatility #TailRisk #PositionSizing #TradingPsychology #Discipline #MarketReaction #TapeReading
Watch now to learn about powerful insights into price action trading strategies and how to read charts in the stock market, futures, currencies and more. Well explore effective trading strategies used by a successful trader and market veteran to navigate volatility and identify high reward/low risk opportunities.
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS Silver’s 40% Day.](https://i.ytimg.com/vi/f_4kh1CnsFM/mqdefault.jpg)
![Don’t Short New All Time Highs.
💡https://whop.com/c/market-recap-membership/ytmr You can now join our premium YouTube membership (member-only market recap videos and COT charts on Stocks, Crypto) [Requires Discord Account]
🧠 https://www.crowdedmarketreport.com Learn more about Jason and the CMR Community
Description
One rule: don’t short something that just closed at a new all-time high.
That single filter keeps you out of the worst trades, fighting strength in a market that’s still being sponsored. Let the tape break first before you even think about fading it.
#CrowdedMarketReport #COT #RiskManagement #PriceAction #AllTimeHigh #TrendFollowing #TradingRules #Discipline #TapeReading #MarketSentiment
Watch now to learn about powerful insights into price action trading strategies and how to read charts in the stock market, futures, currencies and more. Well explore effective trading strategies used by a successful trader and market veteran to navigate volatility and identify high reward/low risk opportunities.
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS Don’t Short New All Time Highs.](https://i.ytimg.com/vi/f_cQip7kscI/mqdefault.jpg)
![AI Bottlenecks = Stock Leaders
💡https://whop.com/c/market-recap-membership/ytmr You can now join our premium YouTube membership (member-only market recap videos and COT charts on Stocks, Crypto) [Requires Discord Account]
🧠 https://www.crowdedmarketreport.com Learn more about Jason and the CMR Community
Description
Indexes aren’t the cleanest way to play this market.
The cleaner framework is finding the bottlenecks in turning resources into compute—then focusing on the stocks sitting on those chokepoints. That’s where the market has been paying.
You can have a million ideas. The only question is whether the tape agrees. If those bottleneck names keep leading, you stay with them. If leadership breaks and the market stops rewarding the theme, you adjust.
Want the current CMR list of “compute bottleneck” leaders and what would change the view? Link in our profile.
#CrowdedMarketReport #COT #RiskManagement #PriceAction #AI #DataCenters #Semiconductors #EnergyMarkets #SupplyChain #Leadership #RelativeStrength #MarketSentiment #MacroTrading #TapeReading
Watch now to learn about powerful insights into price action trading strategies and how to read charts in the stock market, futures, currencies and more. Well explore effective trading strategies used by a successful trader and market veteran to navigate volatility and identify high reward/low risk opportunities.
NOT FINANCIAL ADVICE. FOR EDUCATIONAL PURPOSES ONLY Disclaimer: CMR Publishing LLC dba Crowded Market Report (CMR) is a content provider and publisher and is not a registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA) or in any other capacity. CMR is exempt from registration as a CTA under CFTC Regulation 4.14(a)(9) because CMR does not direct client accounts and does not provide commodity trading advice based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of any particular client.
Jason Shapiro, one of the principals of CMR, is also listed as a principal and is registered as an associated person of JS Trading LLC, a registered CTA and member firm of the National Futures Association. Any materials and information presented through CMR is solely the responsibility of CMR. JS Trading LLC disclaims all responsibility for such materials and information.
By accessing CMR websites and/or using CME products and services, including without limitation any and all content available on or through any platform where CMR posts content, you understand and agree that the material provided in CMR products, services and content is for informational and educational purposes only, and that no mention of a particular commodity futures or other financial instrument in any CMR product, service or service contents a recommendation to buy, sell, or hold that or any other commodity future or other financial instrument, or that any particular commodity future or financial instrument, portfolio of commodity futures or financial instruments, any specific transaction or investment strategy is suitable for any specific person. Remember, the risk of loss in trading commodity futures contracts can be substantial. You should, therefore, carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURES RESULTS AI Bottlenecks = Stock Leaders](https://i.ytimg.com/vi/fva646x6fUs/mqdefault.jpg)
